Capes and Handies keep the Dry Market high; Wets grounded. Geopolitics remain messy and Coronavirus and its new strains cause mess.
The BDI (Baltic Dry Index) gained 40 points and now stands at 3,280, thanks mainly to the Capes and surprise surprise, to the Handies. Wets not just low, but stranded and might become a liability for all. In an enigmatic Geopolitical conundrum coupled with the worse ever Recession and pathetic prospects due to Coronavirus’ expect hell… John...